offering a settlement
who can prepare my settlement offer and attorney or banktrustee, I`m willing to offer my unsecured creditors a lump sum settlement between 5-15%
Posted from: Ontario
who can prepare my settlement offer and attorney or banktrustee, I`m willing to offer my unsecured creditors a lump sum settlement between 5-15%
Posted from: Ontario
A consumer proposal or settlement offer as you call it can only be done through a licensed trustee.
Now I can’t say whether or not 5 – 15% will be sufficient as what can be offered legally must be better than a bankruptcy would result, but you are best to discuss that with the local trustee you contact.